January net inflows were dramatically higher than the prior all-time monthly flows record—$58 billion—reached nearly a decade ago in January 2004, according to Strategic Insight, an Asset International company.

Approximately $51 billion, or more than half, of the January net flows went into stock and balanced mutual funds, marking the largest monthly amount in more than a decade. Additional net inflows went to stock ETFs.

“In recent years, stock investors watched the rising stock market with either disbelief or regret. January flows data suggests that postelection assurance of political stability and tax rates—combined with rising home prices, falling unemployment and fading memories of 2008—have helped investors overcome, at least for now, a state of investment anxiety,” commented Avi Nachmany, SI’s director of Research.